Listen here.
I get that this has been an incredibly difficult stretch as of late. Last month, I was hitting equity highs for the year that I worked damn hard for. I’ve given back a significant amount of those gains here, just in the last few weeks. Never seen me hit a rough patch before? Stick around, I do it multiple times per year, as anyone else does.
However, if you think for one minute I will tolerate your ass, showing up to blast me as I wade through all your nonsensical bullshit you claim to know about the markets, you have another think thought, thing, or (insert proper word here) coming.
For those of you in the same position as I, having given back some gains recently…its temporary. You’ll be made whole again faster than you drew down.
I will finish this year in a violently profitable fashion, and so will you. It’s almost over.
OA
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The emergence of all the fuckery in the comments section today had me legging into TZA puts. Long live OA. I’ll be subscribing next week.
I’ll walk you to equity highs year end.
Been following you since your old blog. It’s just time. Thanks
hero
OA- its all good dude. Cheers!
Josh Brown confirmed subscriber. A lonely voice of sanity on the financial boobtube.
Josh is the reason I know about this place. He tweeted something about The Fly earlier this year when I was getting my ass handed to me. I’m glad to be here and I look forward to making back some cash, and then some.
Pretty sweet. JB is a subscriber to AHWOA / PPT?
High Yield bond held up well, same with the banks. Demark buy sequence set up and we are approaching the most bullish season for equities. I like our odds.
Not to mention every major negative headline that could have possibly came came out probably has.
If you start buying puts rather than calls, I see you making a ton of money. But if you keep insisting the market of stocks is going higher, you are going to really be hurting here.
You’re dumb.
How is this clown who has been short all through 2013 (and probably 2009) still around?
because I have not been short the entire time. And you will want to note that I will make so much money next week that it won’t matter what I lost when I shorted and was wrong.
I have a pages of shit comments like this from you last year. Go back to your Rock.
Jeff, you do a remarkable job. Don’t let the trolls get to you. Likely they are a contrarian indicator. Some people just love shadenfreude and like to pipe up anonymously (of course) to be douchbags when things look bad. Fly’s board was infested with them over the summer.
Whenever a shit head coupon clipping executive would give me crap about my performance I would read him the Teddy Roosevelt Speech.
“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat. “
That’s a great quote
Top notch.
Cains tapping throughout the halls of IBC.
Jeff: Serious question, thoughts on SHLD here? I know you’ve been in it before to no avail but this looks like a bottom forming and with almost 80% of the FLOAT short this could rip faces off.
Wait for a Lampert buy. He sends shorts squealing…
yup, no biggie. it’s impossible to be right 100% of the time in the markets. Even being right 60% of the time is damn hard.
I’m with you. Peaked after LULU earnings yolo. Quickly retracing to April lows. Holding a lot of (unrealized) losers which still have solid looking setups. Make or break time is upon us.
Looking forward to this Jeff. Kinda like how the best time to invest with David Tepper has been after a down year.
If it was easy it would called winning – not trading. Ms. Market has decided to take back some rubbles from gents playing with their lunch money. Hang in there gents.
Another thing coming (such as a smack to the face or life lesson you have yet to learn), not another think coming.
If you play chicken in front of a train, you have another thing coming… As in a train to the face. If you get hit there is no time to rethink.
“another thought coming” would be the proper way to say it anyways.
Apparently the original was “another think” http://grammarist.com/usage/another-think-coming/
Didn’t know that!
My only regret is being swayed by the groupthink that we can sometimes get, from well, being in a group. I was naturally bearish lately, but took the plunge on some small caps the last two weeks. It was a great lesson at least.
You’re here to teach, and that you have! However, I should have realized that I have to be my own trader and when I have a feeling, I should listen to my gut for my own trading style.
Yes, your gut seems to always be on point from what I read.
Thanks for the confidence-builder.
Good to know I’m not the only one getting his teeth kicked in lately.
I feel better about thinking it wasn’t obvious where we were on that famous sentiment chart a little while back aka FEYE about to rip. That chart is money but I still have troubles in real time wi it.
Drawdowns are part of every trader’s trading career. Jeff, you gained me as a customer to AHWOA through your LULU idea. My advice to the “What have you done for me lately” crowd is look at the preponderance of evidence. I’m still a customer and I intend to remain so. Thanks!
OA, He is a gentleman. But dont F@#k with him.
says firemedic
Don’t fuck with him?
He sounds like a fucking crybaby in this post.
Nut up bro, aren’t u the paragon of investor discipline that people are paying $700 to see lecture for, what, 3 hours?
Fuck you.
oh Dr? Where is the doctor??? Long live the OA!
OA,
I came to ibankcoin as it’s the best site out there and to surround myself with the best traders. Your one of the best I’ve seen and it’s a privilege to trade along side. It’s always funny how the assholes come out when someone hits a rough patch and disappear when your hitting on everything.
I personally look forward to watching you kill it the rest of the year!!
Taking some hits here too, but a setback is always grounds for a comeback! As a subscriber for only a few months the price of learning to trade options through Jeff is small compared to flying blind
Hope you’re right. Every time I ALMOST get back to even, something like this week blasts me back deeper into the red. What a shitty year this has been…